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I’m in the midst of reading Andy Kessler’s new book, “The End of Medicine.” It’s an important read for those building or investing in healthcare services companies.
Kessler plays the lay ... Continue reading »
Kessler plays the lay ... Continue reading »
2 years ago
2 years ago
Thanks for weighing in. I'm still standing behind tech advances which should not only obviate the need for doctors in many circumstances, but also enable low-cost outsourcing. As example, doctors are already operating remotely on patients (see Wikipedia article here: http://en.wikipedia.org/wiki/Remote_surgery).
I'm also placing a big bet on education and real-time info services. There's no way we remain as ill-informed about how our everyday actions (nutrition, exercise, stress) impact our health over the next quarter century.
Best,
Matt
2 years ago
I will definitely check out that book. And thanks for the AO link, I had to miss that session. Tech in healthcare in a hot topic in Canada, where the costs of our socialized system are getting harder to control, with population aging and all other factors considered. But the shift to new technologies is slow. Our governments aren't exactly heat-seekers and early-adopters... Same goes for doctors.
But I tend to agree with your prediction. One of our pf companies http://www.newittech.com/ are making the same bet and they're getting a lot of traction, mostly in the US (not surprising, since the technology buyers are more ROI-sensitive) and France (more unexpected).
2 years ago
Best,
Matt